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Forex Market Update

Mdraghib

Well-known member
  • USD on the back foot ahead of key U.S. data + possible government shutdown.
  • INR found some relief after hitting record lows last week, trading around ₹88.62–88.64. RBI decision in focus.
  • USD/JPY touched 149.95, strong momentum but watch support at 147.75.
  • USD/CHF hovering near 0.8000, could slip toward 0.7865 before bouncing.
  • AUD/NZD still weak, Aussie near 3-week lows.
Big events ahead: U.S. NFP, ISM reports, Eurozone CPI. Expect volatility.
 
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